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Retaining through training even for older workers

Picchio,M.
; 
van Ours,J.C.
Abstract
This paper investigates whether on-the-job training has an effect on the employability of workers. Using data from the Netherlands we disentangle the true effect of training incidence from the spurious one determined by unobserved individual heterogeneity. We also take into account that there might be feedback from shocks in the employment status to future propensity of receiving firm-provided training. We find that firm-provided training significantly increases future employment prospects. This also holds for older workers, suggesting that firm-provided training may be an important instrument to retain older workers at work.
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Date
2013
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Tilburg University Research Output Collection
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Keywords
SDG 8 - Decent Work and Economic Growth
Citation
Picchio, M & van Ours, J C 2013, 'Retaining through training even for older workers', Economics of Education Review, vol. 32, no. 1, pp. 29-48. https://doi.org/10.1016/j.econedurev.2012.08.004
URI
https://hdl.handle.net/20.500.14602/59254
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